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GM to invest $1.2B in full-size truck plant

2015-05-27 00:55:38| Green Car Congress

GM plans $1.2B in upgrades for Indiana pick-up truck plant

2015-05-26 21:01:07| Automakers - Topix.net

General Motors announced Tuesday it would spend $1.2 billion on new facilities and technology at an Indiana factory where it builds Chevrolet Silverado and GMC Sierra pickup trucks. The project will increase by roughly 50 percent the size of the 3,800-worker Fort Wayne assembly plant with new painting facilities, an expanded body shop and improvements to the truck assembly area.

Tags: plans plant indiana truck

N.C. legislation lets cities close $1.2B sale of power-plant shares to Duke Energy

2015-04-03 01:32:39| Energy - Topix.net

N.C. Gov. Pat McCrory signed legislation today authorizing utilities in 32 eastern North Carolina cities and towns to sell their shares in four coal and nuclear plants to Duke Energy Progress for $1.2 billion. The sale will reduce the debt carried by the municipal utilities in the N.C. Eastern Municipal Power Authority and allow them to offer more competitive electricity rates.

Tags: to close sale energy